Southco Distributing Company 401(k) Plan: Login, Facts & Contact Information

Southco Distributing Company 401(k) Plan Facts

Plan name
SOUTHCO DISTRIBUTING COMPANY 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTHCO DISTRIBUTING COMPANY
Participants
206 (288 active employees)
Former employees with a balance
18
Plan assets
$9,705,759 at Dec 31, 2024
Average account balance
$44,117 across 220 accounts
Employer contributions
$434,040 in plan year 2024 (42% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1975
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.02 million went into the plan in contributions, $434,040 of it from the employer (42%).
  • $1.15 million was paid out to participants.
  • Investment and other income added $1.05 million.
  • Administrative expenses were $5,190, about $24 per account.

How the Southco Distributing Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019163$7.73 million$100,288$333,623
2020163$8.30 million$115,512$987,360
2021158$9.07 million$342,320$840,379
2022152$7.66 million$2,323$677,917
2023171$8.78 million$401,375$790,450
2024206$9.71 million$434,040$1.15 million

Southco Distributing Company 401(k) Contact Information

Phone
919-735-8012
Mailing address
2201 S. JOHN ST., GOLDSBORO NC 27530
Plan sponsor
SOUTHCO DISTRIBUTING COMPANY
Employer identification number (EIN)
56-1295080
Plan number
001

Questions about the Southco Distributing Company 401(k)

Does Southco Distributing Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $434,040, 42% of all contributions.

Does the Southco Distributing Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Southco Distributing Company 401(k) plan?

206 participants at the start of plan year 2024, 288 of them active employees, and 18 former employees who still had money in the plan.

What is the average 401(k) balance at Southco Distributing Company?

About $44,117 per account: $9.71 million in plan assets across 220 accounts with a balance at the end of plan year 2024.

Who manages the Southco Distributing Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Southco Distributing Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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